HomeNewsBusinessStocksTCS may test Rs 2,100: Devangshu Datta
Trending Topics

TCS may test Rs 2,100: Devangshu Datta

Devangshu Datta of Business Standard is of the view that Tata Consultancy Services (TCS) may touch Rs 2,100. "One can keep a stoploss at Rs 2030," he adds.

September 04, 2013 / 15:28 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Devangshu Datta of Business Standard told CNBC-TV18, "I am quite bullish on Tata Consultancy Services (TCS). It hit a new high today and I think it could go to Rs 2,100 level, maybe even more. It has lot of support at about Rs 2,025-2,035, so one can put a stoploss at Rs 2,030."

At 15:17 hrs Tata Consultancy Services was quoting at Rs 2,067.35, up Rs 66.50, or 3.32 percent. It has touched a 52-week high of Rs 2,070.85. The share touched its 52-week high Rs 2,065.45 and 52-week low Rs 1,223.75 on 02 September, 2013 and 18 December, 2012, respectively. Currently, it is trading 0.09 percent below its 52-week high and 68.94 percent above its 52-week low. Market capitalisation stands at Rs 404,626.08 crore. Disclosure: I do not have holdings in the stock discussed.
first published: Sep 4, 2013 03:23 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!